Several offshore zones suggest exchanging tax information with Russia

MOSCOW, March 17. /ITAR-TASS/. Russia’s Finance Ministry has received suggestions from several offshore zones on organization of negotiations on exchange of tax information, Russia’s Deputy Finance Minister Sergei Shatalov told a Week of Russian Business on Monday.

“Lately, the finance ministry has received suggestions from the British Virgin Islands, Bermuda Islands, the Isle of Man, Jersey on negotiating agreements on exchange of tax information,” Shatalov said.

The deputy finance minister added Russia’s “reaction to the initiative will be positive, Russia will participate in the negotiations and will enter into agreements."